Moniepoint POS Terminal Registration 2023 Form Portal – www.moniepoint.com. Moniepoint POS Terminal happens to be one of the mobile money machines operators in Nigeria today that uses Point of Sale (POS) Terminal as its primary device for transactions just like any other companies; for example OPay, First Bank, UBA, Kudi, MoMo Agent and so on.

Have you been looking for how to get Moniepoint POS Terminal and haven’t been able to get one? You can contact a customer care representative to get it now, it will cost ₦26,500 naira for everything, WhatsApp Chat or call 08189549604 to place your order today.

These Moniepoint POS Terminal devices are given to agents who have been licensed and at the same time vetted in a rigorous Know Your Customer (KYC) process.

Moniepoint and some other POS merchants in Nigeria today have put measures in place to ensure the security of these devices.

Moniepoint’s mission is to provide employment to many youths who are out of employment by giving them the opportunity to become a “mini-bank” in which anyone around their vicinities can easily walk up to them and carry out transactions as they would in the banks.

Moniepoint POS is a business initiative launched by a startup Fintech company in Nigeria and currently investing in order to expand to other parts of Africa.

If you want to know more about Moniepoint POS Terminal, then read further!

About Moniepoint POS Terminal

Moniepoint POS Terminal Registration Requirements?

To apply for Moniepoint POS machine applicant must be Above 18 years,
Must be A Nigerian and also Own a smartphone.

How to get Moniepoint POS Machine

• Create a business account online via www.moniepoint.com and log in

Provide the required information and a business account will be created for you instantly. Once done, login to your business dashboard and click on the POS menu.

• Request a new POS

  Click on the Add a new POS button and follow the instructions

• Fund your account and pay for the terminal

  Fund your newly created Business Account with a minimum of ₦21,500 for the POS Terminal and complete the request. The ₦21,500 covers a ₦10,000 caution fee, ₦10,000 logistics fee, and ₦1,500 insurance fee for 1 year.

• Get your POS delivered within 48 hours

  You will be instantly assigned a dedicated Relationship Manager from Moniepoint. The Relationship Manager will deliver the POS terminal to you within 48 hours, train you on how to use the terminal, and answer any questions you may have.

How to Order Moniepoint POS Machine From Agent?

Ordering for Moniepoint POS is easy and fast compared to other MMOs.
Once you get the main requirements as stated above, you can get started by creating an account by contacting a moniepoint distributor: Call or WhatsApp 08189549604

Moniepoint usually confirms and contacts new users who just signed up on the platform within 48 hours. This person who manages agents will then take it up from there.
You can as well visit their physical address office to complete your registration.
After they might have contacted you, you will be mapped to an aggregator and from there, you can get everything done within a short time.

What are the basic requirements to complete Moniepoint agency registration?
Once you are mapped to an aggregator, the documents listed below will be required from you as part of the KYC (know your customer) policy. Here are the documents:
A valid Identification Card (International Passport, NIN, Voters’ Card, or Driver’s License)
Utility Bill (waste bill, electricity bill, land-use charge, water bill, or tenancy agreement)
CAC documents (for registered businesses only)
BVN.

Moniepoint POS Terminal Frequently Asked Questions

• How much do I pay to get a Moniepoint POS Terminal?

• How long does it take to get a Moniepoint POS terminal?
  After you make a request, you can get the Moniepoint POS terminal within 48hrs.

• What cards can I accept on my Moniepoint POS terminal?
  Your POS terminal is compatible with all cards.

• Can I accept transfers with my Moniepoint POS terminal?
  Yes, you can.

• Do I need special training to use the Moniepoint POS terminal?

  No, but you can always contact our customer support if you have any questions.
• Can I get more than one Moniepoint POS terminal for my business?
  Yes, we provide multiple terminals for large businesses.

• Who can I ask questions about my Moniepoint POS terminal?
  Our wonderful customer support team members are always there for you.

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UNDERSTANDING MONIEPOINT POLICY

Moniepoint POS Terminal Agreement Form

Things To Know About Moniepoint POS

1. Moniepoint POS is not for sale I.e ( It remains the property of the company)

2 Pos Terminals Purchased On “RENT” Are Expected To Be In Use Daily, Else It’ll Be Retrieved From The Agent

3. Moniepoint Daily target is 50k withdrawals per day, from Monday to Saturday. Or weekly performance must not go below 150k or else the POS will be retrieved from you.

4. Agent must agree to return the pos when not in use anymore (in case if the agent quit the pos business or has any other financial problem).

5. Refund of POS, when returned back, is  10,000 naira

With a sum of N26,500 (twenty thousand Naira only), you can get a Moniepoint POS device within 24-48 hours.

What are the Moniepoint POS charges and commission structure?
The volume of transactions via the terminal determines the charges by Moneypoint POS. But as a starter guide, here are some of the commissions and expenses by Moniepoint POS.
With withdrawals between N1-N20,000, Moniepoint POS charges only 0.5% of the transaction amount.
For transactions above N20,000, Moniepoint charges a flat rate of N100(charges may change at any time.
For transfers, Moneypoint POS charges a flat rate of N20 for transfers.

For Data Top-Up:
MTN 3% commission
Glo 4% commission
9Mobile 4.5% commission
Airtel 4% commission

5. For TV Subscription:
   DSTv 2% commission
   GOTv 2% commission
   PHCN 2% commission
   Star Times 2% commission

What are the applicable rules to Moniepoint POS usage?
Minimum of N50,000 (Eighty Thousand Naira only) daily withdrawal value.

You will get 10,000 naira of the N25,000 paid during registration if an aggregator has any cause to withdraw your Moniepoint POS device within a year of issuance.

What if I have an issue with the Moniepoint POS device afterward?

Moniepoint has a refund policy for their agents to resolve any issues should there be one.
The company handles disputes and refunds more professionally, which shouldn’t be an issue for you – if you’re planning on partnering with them. The company will assign someone to you to resolve your case as soon as you open a ticket.
One benefit you will get with Moniepoint POS that you won’t find anywhere is that you’ll be added to a WhatsApp group of agents like you to share ideas/challenges and help you grow in no time.